Here is the future: these Chinese EVs just make you mind boggling

[Kai Liu]

It's not just money. It's expertise and industry knowledge. You think some guanerdai and fuerdai with way too much money and political connections can just create the next Toyota or Ford overnight? Gimme a break. Let's have some respect for the hard work of other people. The elites of China are shitty businessmen capable only of pushing out legitimate businessmen (Chinese or otherwise) from the market with their shady political maneuverings. In the end, the investors will get burned and the consumer will remain the loser.

Regarding EV, everyone has different views, some against it (such as the oil people and some traditional car makers), some support it. Regarding guanerdai or fuerdai, nothing is special, they exists in every society, and for some adventures like this, it is not a bad thing for them to come out and push things forward using their influence and wealth. Anyway, let's see what will turn out in the next 2 decades if the car scene are still dominated by Toyota, etc. or Toyota become another Kodak, and companies like these ones take over...
But one thing no one should deny: these cars are cool!!!

 

[Kai Liu]

If investors make bad investments then it's on them, i'm sure they got their own guys running calculations. I expect 90% of these startups to die off, and there will be 3-4 EV national champions at end. personally i'm putting my money down on NIO to be the head runner.

I agree. Investors will make their own judgement. And for every new field, there will be pioneers, and some will succeed, some will fail, which is just normal. I am optimistic for these startups: who would have imagined back 10 years ago, that our country has surpassed the west and entered the cashless society directly without going through the credit card stage... This kind of overtaking will happen again in this EV field!
And this is not empty talk. Why we have the world's largest number of EV startups? It is not a coincidence; it is because we make the best affordable batteries, this is
again to do with our ability to fund the R&D in this field!

 

[ChineseTiger1986]

90% hype to rip off investors. EV companies boasting "high tech" appearing flat out of nowhere with shareholders who are conveniently family, relatives and friends of top officials. Economic and mid-market is where Chinese cars are making terrific progress. I am looking at competing with Toyota (great company by the way) not Tesla.

@ChineseTiger1986

Those private companies are not trustworthy, they just want to rip from their investors.

 

[TaiShang]

@Kai Liu , great share

New technologies/industries are disruptive and the process can be chaotic. It is unfair and unhistorical to judge the fate of China's nascent EV industry by the seemingly chaotic and disruptive situation.

Today's established industries went through a similar process; it is evolution and chaos is anticipated. Chaos is even a sign of health. The existence of some illicit investments or many bankruptcies is nothing to complain about as long as the process is able to generate a number of healthy industrial entities and established norms and regulations.

Just because it is chaotic and disruptive, China cannot quit the field. First, traditional areas are already taken and competition is fierce. Second, if China quits entirely, other will come and take the place.

That's why it may be a little unfair to call Tesla a fraud (although it has ever sign of it), perhaps, it is the nature of frontier industries. Just as Tesla has been promoted by the US government and media, every single of China EV start-ups deserves promotion and good will despite of all odds.

This is a chance for China to have a domineering place in the future car industry.

 

[Kai Liu]

@Kai Liu , great share

New technologies/industries are disruptive and the process can be chaotic. It is unfair and unhistorical to judge the fate of China's nascent EV industry by the seemingly chaotic and disruptive situation.

Today's established industries went through a similar process; it is evolution and chaos is anticipated. Chaos is even a sign of health. The existence of some illicit investments or many bankruptcies is nothing to complain about as long as the process is able to generate a number of healthy industrial entities and established norms and regulations.

Just because it is chaotic and disruptive, China cannot quit the field. First, traditional areas are already taken and competition is fierce. Second, if China quits entirely, other will come and take the place.

That's why it may be a little unfair to call Tesla a fraud (although it has ever sign of it), perhaps, it is the nature of frontier industries. Just as Tesla has been promoted by the US government and media, every single of China EV start-ups deserves promotion and good will despite of all odds.

This is a chance for China to have a domineering place in the future car industry.

Exactly! A lot of people also say IT is a bubble, and Jack Ma, Pony Ma, Lei Jun or whoever are frauds, but despite some people or actually a lot of people hate these guys, they are facilitating the progress of China, as you can see how they help us surpass the West in cashless payment, etc. And of course some of these startups are frauds who are just for investor's money, but a lot are indeed doing some serious things, and someone may be both or in between. But anyway, one thing I strongly believe is that: traditional car companies which don't pay attention to EVs or new energy vehicles, no matter how strong they are today, will go bankruptcy within next two decades.

 

[Kai Liu]

SF Motors

 

[Offshore]

Those private companies are not trustworthy, they just want to rip from their investors.

not Byton.. Byton actualy quite serious in EV cars, they bring germany technology into the car. they even hired germany CEO.
believe me, this is the one company you should aim to buy their share, they have vision to expand the company

 

[Kai Liu]

Hanergy solar cars:

 

[patentneer]

@Kai Liu , great share

New technologies/industries are disruptive and the process can be chaotic. It is unfair and unhistorical to judge the fate of China's nascent EV industry by the seemingly chaotic and disruptive situation.

Today's established industries went through a similar process; it is evolution and chaos is anticipated. Chaos is even a sign of health. The existence of some illicit investments or many bankruptcies is nothing to complain about as long as the process is able to generate a number of healthy industrial entities and established norms and regulations.

Just because it is chaotic and disruptive, China cannot quit the field. First, traditional areas are already taken and competition is fierce. Second, if China quits entirely, other will come and take the place.

That's why it may be a little unfair to call Tesla a fraud (although it has ever sign of it), perhaps, it is the nature of frontier industries. Just as Tesla has been promoted by the US government and media, every single of China EV start-ups deserves promotion and good will despite of all odds.

This is a chance for China to have a domineering place in the future car industry.

^^^
True that!

China can do what it did to the Solar panel game. Flood the market. China can afford it too.
Good for the 'Greater Good'. With the US-China trade skirmishes, not wars, upon us; the Global judicial system will be strengthened and as usual lawyers will make a killing; but it's still good for the 'Greater Good' I say.

If I was Tesla, or a Chinese competitor, I would go for co-production in India. Leverage India to compete on a Global scale and take pole position in India's upcoming, last and largest domestic market. Market entry is viable and amenable re: India. Not so with saturated other G-20 markets. Brazil has appeal too except for methanol/ethanol and lack of connectivity to English speaking Global supply chain.

Yeah, India may well turn into US-China trade wars battleground as they both escalate.
Again, good for the 'Greater Good' !

 

[TaiShang]

^^^
True that!

China can do what it did to the Solar panel game. Flood the market. China can afford it too.
Good for the 'Greater Good'. With the US-China trade skirmishes, not wars, upon us; the Global judicial system will be strengthened and as usual lawyers will make a killing; but it's still good for the 'Greater Good' I say.

If I was Tesla, or a Chinese competitor, I would go for co-production in India. Leverage India to compete on a Global scale and take pole position in India's upcoming, last and largest domestic market. Market entry is viable and amenable re: India. Not so with saturated other G-20 markets. Brazil has appeal too except for methanol/ethanol and lack of connectivity to English speaking Global supply chain.

Yeah, India may well turn into US-China trade wars battleground as they both escalate.
Again, good for the 'Greater Good' !

Well, I believe, once its market matures and purchasing power increases, India can be a fertile ground for China's EV companies (like how it is a good market for smartphone companies). That will take some time, however, but it is fast approaching.

Right now, China's EVs are only busy to create demand at home, dominate home market (right now NIO is readying for a tesla killing spree), and drive away the few foreign competition. From a strong home base, there will be expansion elsewhere. India could be a next wise option to choose as a market.